bestauto insuranceYonkersCompare the Cheapest Car Insurance Quotes in Yonkers, NY
Yonkers' average annual car insurance cost is $2,588, which is $845 lower than the New York state average. Two companies, Allstate and Erie, are the cheapest insurers in this city, with average rates of $1,373 per year. MoneyGeek assessed and rated the most affordable insurers based on the coverage level and driver profile. MoneyGeek also ranked the best insurance companies to help those focusing on both quality and cost find a policy that fits their needs.
REVIEW AUTO INSURANCE RATES
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Advertising & Editorial DisclosureLast Updated: 11/3/2022
Written By |
Mark Fitzpatrick
For most drivers in Yonkers, Allstate and Erie are the cheapest car insurers for full coverage car insurance, but Allstate also has the lowest premium for state minimum policies. If you have a speeding ticket, however, you’ll need to go back to Erie. USAA is another affordable option, but it’s exclusively for members of the military. Overall, Travelers offers the best balance of affordability and customer quality in Yonkers.
bestauto insuranceYonkersThe Cheapest and Best Car Insurance in Yonkers
Cheapest Overall - Allstate
Cheapest State Minimum - Allstate
Cheapest With a Driving Violation - Allstate
Best Overall - Travelers
The Cheapest Car Insurance Companies in Yonkers
The cheapest car insurance companies for a full coverage policy in Yonkers are:
- Allstate: $1,373 per year
- Erie: $1,373 per year
If you are a military member, USAA at $1,467 yearly is also one of the more affordable options for full coverage car insurance. Allstate is cheaper by 319.5% compared to The General, the latter being the most expensive option at $5,760 yearly.
These rates are for a full coverage policy which includes comprehensive and collision insurance. The price you pay can vary depending on the type of liability coverage you purchase.
Cheapest Car Insurance in Yonkers
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$1,373
- 2.$1,373
- 3.$1,467
- 4.$1,791
- 5.$1,871
MoneyGeek collected average costs based on a profile for a 40-year-old male driver in Yonkers with a full coverage policy, in accordance with our methodology.
A full coverage policy is the best option for drivers in Yonkers who want to be fully protected since it includes:
- Comprehensive insurance: covers non-collision-related loss like theft or fire and damage from weather-related events.
- Collision insurance: covers damages caused by an accident.
These added coverages come at an extra cost, so full coverage policies are more expensive. In some cases, a liability-only policy may be a better option, especially if the premiums for full coverage exceed the replacement value of your car.
Compare Car Insurance Rates in Yonkers
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Yonkers for Minimum Coverage
One of the most important factors that affect insurance rates (in Yonkers and elsewhere) is the amount of coverage you purchase. An insurance policy meeting the state minimum requirements costs an average of $1,632 yearly. In contrast, a full coverage policy with higher liability limits costs around $2,588 per year. That is a difference of around $955.
Cheapest Minimum Liability Car Insurance in Yonkers
State Minimum
- CompanyState Minimumper year
- 1.$768
- 2.$780
- 3.$795
- 4.$1,019
- 5.$1,200
A state minimum policy in Yonkers is the cheapest option in terms of monthly premiums. However, the trade-off for the low cost is that you only get the minimum liability coverage required by New York insurance laws of 25/50/10.
For example, if you cause an accident, your state minimum policy will cover up to $25,000 in bodily injury per person. This means any medical costs above this limit have to be paid for by you out of pocket.
New York Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $10,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
- Personal Injury Protection$50,000 per person.
- Other$50,000 liability for death per person. $100,000 liability for death per accident.
Cheapest Car Insurance in Yonkers if You Have Driving Violations
Drivers with violations will see their car insurance premiums increase, sometimes substantially. Depending on the type of violation you have, the cheapest auto insurers in Yonkers are:
- Cheapest after a ticket: Erie, $1,553 per year
- Cheapest after an at-fault accident: Allstate, $1,693 per year
- Cheapest after a DUI: Allstate, $1,924 per year
Improving your driving history over time is the best way to get cheaper car insurance rates in Yonkers. While you’re taking the time to do that, you should compare as many quotes as possible to find the most affordable car insurers for drivers with bad records.
Cheapest Car Insurance in Yonkers With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$1,553
- 2.$1,591
- 3.$1,685
- 4.$2,064
- 5.$2,402
Average Cost of Car Insurance in Yonkers
Yonkers$2,588
New York$3,433
U.S.$1,424
Yonkers’ average car insurance rate is much higher than the national average and somewhat lower than the average state annual premium. Typically, a Yonkers driver pays $2,588 per year, which is 81.7% higher than the $1,424 average annual premium in the United States. However, that rate is 24.6% less than the New York state average of $3,433.
Personalized Quotes to Get You the Cheapest Car Insurance in Yonkers
Car insurance companies in Yonkers consider many variables to evaluate a driver’s risks and come up with appropriate quotes. These may include a driver’s age, driving record, credit score, vehicle type, miles driven per year and marital status. Compare car insurance rates to find out if you are qualified for savings, incentives and rewards.
Compare Car Insurance Rates in Yonkers
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Yonkers
MoneyGeek evaluated the best car insurance companies in Yonkers, New York, based on customer satisfaction, claims ratings and average coverage rates. The analysis shows the top-rated insurance providers in Yonkers are:
- Erie: MoneyGeek score of 96 out of 100
- Allstate: MoneyGeek score of 95 out of 100
USAA ranks even better based on MoneyGeek’s analysis. USAA has a score of 98.6 out of 100, making it the best insurance company overall in Yonkers. However, USAA only sells insurance to military families, so we excluded it from our broader analysis.
1
Erie
Score:100
Erie offers the best car insurance in Yonkers, with outstanding scores for claims and satisfaction, along with some of the best prices available in New York. A 40-year-old driver can access full coverage insurance for $1,373 annually on average. Erie offers better car replacement coverage, a rare add-on option.
More About Erie
Better car replacement covers the cost when a new car is totaled. If you’ve had the car for less than two years, Erie will replace it with the newest model year. If you’ve had it longer than that, they’ll provide a model two years newer than yours. Erie also offers accident forgiveness that covers costs when the driver goes at least three years before their first at-fault accident. Rental car and travel reimbursement is another available endorsement that covers rental cars while your vehicle is in the shop.
Read MoneyGeek's Erie auto Insurance Review2
Allstate
Score:95
Allstate ranks as the second-best insurance company in Yonkers. The company earned solid scores for both claims rating and customer satisfaction, and it offers the city’s most affordable policies. Like Erie, Allstate’s full coverage policy for a 40-year-old also averages $1,373 annually. Allstate offers a unique custom parts coverage add-on.
More About Allstate
With Allstate’s custom parts endorsement, you’ll receive coverage for custom equipment, including height-extending roofs, custom murals, special carpeting, bars and more. The company’s portable electronics and media coverage adds protection for CDs, tapes and other items used with a car’s sound system. You can also add sound system coverage to protect your stereo itself.
Read MoneyGeek's Allstate auto Insurance ReviewAverage Cost of Car Insurance by Postal Code
Average car insurance rates in Yonkers are also affected by theft rates, accident rates and uninsured motorists, which can all vary by neighborhood. For instance, the average annual premium in ZIP code 10701 is $2,579, which is $18 cheaper than typical premiums in the 10705 area.
- Zip CodeState Minimumper year
- 10701$2,579
- 10705$2,597
Factors That Impact Insurance Costs in Yonkers
In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the rate of car thefts also contribute to car insurance rates in Yonkers. How Yonkers ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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